Ascent Capital: 2Q Earnings Snapshot
GREENWOOD VILLAGE, Colo. (AP) _ Ascent Capital Group Inc. (ASCMA) on Thursday reported a loss of $244.4 million in its second quarter.
The Greenwood Village, Colorado-based company said it had a loss of $19.82 per share. Losses, adjusted for asset impairment costs, came to $2.43 per share.
The home security holding company posted revenue of $135 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit $2.99. A year ago, they were trading at $16.88.